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Wed 18 Oct 2006, 11:25 Massmart - Subsidiary Directors dealing in Massmar
MSM
 MSM                                                                             
Massmart - Subsidiary Director"s dealing in Massmart securities                 
Massmart Holdings Limited                                                       
(Incorporated in the Republic of South Africa)                                  
(Registration number 1940/014066/06)                                            
(Share code: MSM)                                                               
(ISIN: ZAE000029534)                                                            
("Massmart" or "the company")                                                   
Notification of a Subsidiary Director"s dealing in Massmart securities          
In compliance with rule 3.63 to 3.74 of the JSE Listings Requirements, the      
following dealings in the securities of Massmart have taken place by a director 
of a subsidiary company:                                                        
Director:                     Robert Barrell                                    
Subsidiary:                   Massdiscounters                                   
Number of securities:         32,122                                            
Class of security:            Ordinary                                          
Nature of interest:           Direct, beneficial                                
Nature of transaction:        Exercise of options / sale of shares              
Date:                         17 October 2006                                   
Nature of transaction:        Exercise of options                               
No:                           8,627                                             
Price:                        R13.88 per option                                 
Nature of transaction:        Exercise of options                               
No:                           4,085                                             
Price:                        R29.87 per option                                 
Nature of transaction:        Exercise of options                               
No:                           6,910                                             
Price:                        R18.98 per option                                 
Nature of transaction:        Exercise of options                               
No:                           12,500                                            
Price:                        R10.95 per option                                 
Nature of transaction:        Sale of shares                                    
No:                           32,122                                            
Price:                        R59.00                                            
Total transaction value:      R1,895,198.00                                     
Shareholding:                 The shares sold represent 36.01% of Mr Barrell"s  
Massmart shareholding comprising direct purchases 
                              and/or shares acquired in terms of the rules of   
                              the Massmart Holdings Limited Employee Share      
                              Trust.  After the abovementioned sale, Mr Barrell 
still holds 57,079 Massmart shares or options".   
The required clearance per section 3.66 of the JSE Listings Requirements was    
obtained.                                                                       
18 October 2006                                                                 
Johannesburg                                                                    
Sponsor to Massmart:                                                            
Deutsche Securities (SA) (Proprietary) Limited                                  
Date: 18/10/2006 11:25:03 AM Produced by the JSE SENS Department                
                                                                                
                                                                                
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